Making Money with Special Engagements (Currently Unavailable)

Author: Steven C. Fustolo

CPE Credit:  12 hours for CPAs

The purpose of this course is to review, recall and identify the changes that SSAE No. 10, Attestation Standards: Revision and Recodification, made to the Attestation Standards.

Additionally, the overall theme of special reporting issues, including guidance found in AU-C Section 800: Special Considerations- Audits of Financial Statements Prepared in Accordance With Special Purpose Frameworks (formerly found in SAS No. 62, Special Reports), is covered.

You will gain an understanding of the foundation of Attestation Standards and of the fundamental and key changes that SSAE No. 10 made to the existing standards.

Number of Pages: 330

Designed For
Financial professionals and accountants in both public accounting and industry.

Topics Covered

  • General Overview of Attestation Standards
  • Agreed-upon procedures engagements
  • Compliance engagements and reporting on specific elements, accounts or items of a financial statement
  • Financial Forecasts and Projections
  • Pro forma Financial Information
  • Management 's Discussion and Analysis
  • An Examination of an Entity's Internal Control Over Financial Reporting-SAE No. 15
  • Report on Controls at a Service Organization- SSAE No. 16

Learning Objectives

  • Identify some of the advantages of an agreed-upon procedures engagement
  • Identify the requirements for obtaining a representation letter in an agreed-upon procedures engagement
  • Identify the types of compliance engagements that an accountant may perform
  • Identify examples of specified elements, accounts or items to which an accountant may issue a compilation report
  • Recognize the types of reports that an accountant may issue with respect to prospective financial statements
  • List some of the Minimum Elements for Prospective Financial Statements
  • Recognize examples of partial presentations of prospective financial information
  • Identify types of engagements that can be performed on pro forma financial information

Level
Basic

Instructional Method
Self-Study

NASBA Field of Study
Auditing (12 hours)

Program Prerequisites
None

Advance Preparation
None

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